PepsiCo Agrees to Buy Energy-Drink Maker


PepsiCo Inc. on Wednesday agreed to buy Rockstar Energy Beverages, in a move that would expand the beverage giant’s presence in the fast-growing energy-drink category.

PepsiCo is to pay $3.85 billion for Rockstar. The Wall Street Journal first reported earlier Wednesday that the two companies were nearing a deal.

PepsiCo and rivals including…

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